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Two-bedroom flat in Greenock

Greenock, PA15 - Get Access

2 bed 1 bath

Description

This vacant two-bedroom flat is located within a prime location in Greenock. The property comprises an inviting entrance hallway, two spacious bedrooms, a modern bathroom, a well-equipped kitchen, and a comfortable living room. Ample storage is available throughout the flat, enhancing its practicality and appeal. Once tenanted, this property could achieve an annual rental income of £6,600 to £7,200, producing a remarkable 12% yield if bought at the right price, making it a perfect opportunity for a discerning investor seeking a project with significant capital and rental growth potential. Situated in a prime location within Greenock, the property boasts excellent local transport links and amenities, making it a great opportunity for young professionals or first-time buyers looking to step onto the property ladder. The flat benefits from a new boiler and offers plenty of potential for customisation. Greenock is a charming coastal town with a rich maritime heritage, offering stunning views across the River Clyde. It boasts excellent transport links, vibrant shopping areas, and recreational facilities, making it a desirable place to live and invest.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
High confidence Floor Area Estimated: 680 sq ft

This two-bedroom traditional tenement flat was valued primarily using direct evidence from apartments on the same street. The property is in good condition overall with a 7/10 score, featuring neutral decor and water views. Floor area was estimated at 680 sq ft based on comparable layouts in the building.

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